3.5% down payment required. Based on an FHA 30-Year fixed rate mortgage with a sales price of $400,000, a loan amount of $392,755, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,974. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs. Funds for the temporary interest rate buydown used in this loan example will be offered as seller incentives up to $15,000 as disclosed in the sales contract. Buyer will have the option of using said incentive to pay closing costs OR to fund the temporary buydown cost of $8,225.11.
2/1 Buydown Program Features a reduced interest rate for the 1st 2 years and a fixed-rate loan after the 2nd year on certain inventory homes paid by D.R. Horton! Must contract on or after 04/05/25 in select communities in Florida and close on or before 04/30/25.
Contact a D.R. Horton sales representative to confirm availability.
Special Program Cost - To receive this offer, borrower is REQUIRED to pay a 0.500% discount point. Discount points may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller's cost. Maximum contribution limits will apply.
Photo is representational only. Home and community information, including pricing, included features, terms, availability and amenities, are subject to change and prior sale at any time without notice. Offer is valid for new contracts for D.R. Horton Sarasota homes that are executed between 4/5/25 and 4/20/25 and close per contract guidelines. Offer subject to change without notice, redeemable only at closing and is not redeemable for cash or credit against purchase price. Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #1015580. 5901 N. Honore Ave., Suite 275, Sarasota, FL 34243. Company NMLS# 14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit www.dhimortgage.com/affiliate. The up to $25,000 in closing cost includes up to $15,000 with use of any lender and up to $10,000 with DHIM. If buyer funds and closes with seller’s affiliated lender, seller shall pay buyer’s closing costs up to $10,000. Buyer must contract by 4/20/25 and close per terms of contract to receive the incentive. Provided for informational purposes only. This is not a commitment to lend; not all buyers will qualify. Buyer is not required to finance through DHIM or another seller “Preferred Lender” to purchase a home; however, buyer must use DHIM or another seller “Preferred Lender” to receive the incentive. Some restrictions apply. See sales agent for a list of all seller “Preferred Lenders. All terms and conditions subject to credit approval, market conditions and availability. 1Seller incentives will be offered for buyer to use towards paying closing costs and/or the cost of the temporary buydown. The seller incentive amount and temporary buydown cost will vary based on the specific property and community, and will be disclosed in the sales contract/addendum. Please contact your Mortgage Loan Originator for additional information. Maximum contribution limits will apply. 1 D.R. Horton has locked-in, through DHIM, a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. Interest rate offered applies only to the D.R. Horton family of brand properties purchased as borrower's principal residence. Rate is not applicable for all credit profiles and may require borrower to pay points to obtain the advertised rate. Restrictions apply. Buyer is not required to finance through DHIM to purchase a home; however, buyer must use DHIM to receive the advertised rate. Additional closing costs will apply. Please contact your Mortgage Loan Originator for complete eligibility requirements. May not be able to be combined with other available D.R. Horton offers or discounts. Contact a D.R. Horton sales representative for a list of available homes. Property restrictions apply. Equal Housing Opportunity. APR= Annual Percentage Rate. HOA= Homeowner's Association. FHA= Federal Housing Administration. VA= U.S. Department of Veterans Affairs. USDA= U.S. Department of Agriculture. REV: 03/28/25 I Expires on the close by date listed above.
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